$SOL Update SOLANA

At 22:00 WIB June 1, 2025

📊 Data Summary:

Current Price: 153.19 USDT

EMA(13): 156.54

EMA(50): 165.30

EMA(100): 167.14

EMA(200): 163.14

RSI(6): 33.92 (approaching oversold)

MACD: Negative histogram, DIF and DEA lines still below 0

Volume: Decreasing

Signals “B” and “S”: Buy/Sell signals from the algorithm (possibly from Binance's built-in strategy)

🔍 Pattern and Trend Analysis

1. General Trend:

The chart shows a medium-term price decline:

Price is below all major EMAs (13, 50, 100, 200).

This indicates an ongoing downtrend.

2. RSI (Relative Strength Index):

RSI is around 33.92, approaching the oversold zone (<30).

This means that the price is quite low and a short-term rebound may occur, but reversal has not been confirmed yet.

3. MACD:

DIF and DEA lines are still negative, no crossing upwards → no strong signal for long entry yet.

Histogram is still red, indicating that bearish momentum is still dominant.

4. Volume:

Volume is starting to decrease → this indicates that selling pressure may be weakening, potential consolidation.

✅ Entry Strategy and Take Profit Recommendations

📌 When to Enter (Buy)?

Wait for a reversal confirmation or bounce with the following conditions:

RSI < 30 then rises back above 30 → rebound signal.

Candle breakout and closing above EMA(13) or EMA(50) → early recovery sign.

MACD shows bullish crossover (DIF crosses DEA from below).

Potential entry area:

If the price drops to the 150–145 USDT area and shows a bounce + increasing volume → this could be a low-risk entry.

Confirmation from indicators is very important, do not enter while all indicators are still bearish.

🎯 When to Take Profit?

Take profit targets can be based on dynamic resistance (EMA) and historical resistance:

TP1: 163–165 (EMA 200 and EMA 50 first resistance area)

TP2: 171–175 (previous local high)

TP3: 185–187 (last peak before decline)